Get started

Ichimokukinkohyo

Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubGood weekend everyone, The Crypto Frog uses its Ichimoku Analysis Process with its toolset by looking at a glance at the BINANCE:BTCUSDT Daily chart using the “Crypto Market Settings” for the indicator as 10-30-60-30: Macro Trend Analysis using Kumo : Tendency: The downtrend of BTC continues as confirmed by Kumo which changed its trend 23 days ago. Despite everything mid-long term the daily is sideways as indicated by the Senkou Span B and the Senkou Span A and the Kijun. The medium and short term trend is instead in downtrend (apart from some green candles) and is recovering on the Kijun Weekly and the Tenkan Daily. Price: The price is under the red Kumo and Chikou is under the price. Supports and Resistances in the area : 75000.00 by Fibonacci 67000.00 by Historical Maximum (too much precise) 66001.41 by All-time-high Chikou 58000.00 strong price structure by flat lines 53800.00-54000 strong price structure by flat lines 48900 Kijun Weekly 48900 Kijun Weekly 45150 from Ichimoku Flat areas/Chikou Cusps For the various static price structures it is possible to refer to the chart where the structures identified by the flat moments of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes are plotted, also Chikou price for the Current timeframe. Moreover, let us remember that the various lines of the Ichimoku serve as price structures: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term). Heikin-Ashi: The Heikih-Ashi confirms that Tenkan is acting as a price structure and it is lagging about the potential uptrend, so this is still weak. Fibonacci CryptoFall, which identifies Fibonacci levels, still shows us a positive sentiment and places the 0 upwards on 75000. The price is testing the 0.5 level, after the bounce on 0.618. Conclusions The price is now showing a potential recovery as it is surpassing the Kinjun Weekly and Tenkan Daily, a closure between these levels can help to find the point C we’re looking for. Maximum caution is needed with the confirmation of Daily, Weekly closure and confirmation. It is important to evaluate the closing of the week on the following price structures: Bullish 48900 Bearish 45100 It will be interesting to consider as a new point C the low of December 4th in the potential rebound using as A the low of September 21st and as B the all-time-high of December 10th. For the Bitcoin Dominance and Altcoin Cycle we can consider the Weekly momentum: - Total Crypto Market Cap: Decreased - Dominance of BTC: Decreased - Price of BTC: Decreased - Alt Cycle Expectation: Stable Thanks for your attention, happy to support the TradingView community.
by TheSocialCryptoClub
6
ADA - The BB Middle Band Basis is a crucial level on the dailyADA is still below its Bollinger Bands Middle Band Basis 20 Period SMA on this 1d timeframe. Note that ADA has not closed a daily candle above the BB Middle Band Basis since 13th Nov 2021. ADA needs to 100% CLOSE a daily candle back ABOVE its BB Middle Band Basis and successful retest as support for any recovery to look promising. ADA has found some support from its Least Squares Moving Average (LSMA) level. Note that a daily close below the LSMA will be a potential sell signal for this 1d timeframe. Using the 20,60,120,30 settings we can see that ADA is still well within the Bearish Zone of the Ichimoku Cloud and has a long way to go before it can attempt to get back in the Equilibrium Zone. ADA is in a Falling Wedge Pattern on this 1d timeframe. This Falling Wedge Pattern is potentially BULLISH as it’s developed after the previous uptrend so it could be a Bullish Continuation. The Dashed Black line is a major support and ADA has bounced off it as support 3 times over the last 7 Months. A daily close BELOW this level will be a sign that we may see further downwards momentum on this 1d timeframe. Note that ADA is below its VPFR POC for the fixed range of 13 daily candles that i have selected. Note that ADA is also still way below its VPVR POC for this charts visible range. Note that Volume is still low on this 1d Binance chart and the last 9 Daily Volume Bars have been below its Volume 20 Period Moving Average. If we look at the Moving Average Convergence Divergence (MACD) we can see that the MACD Line (Blue Line) is still in the Negative Zone under the 0.0 Basel Line on this 1d timeframe. Note that the MACD Line (Blue Line) is still above the Signal Line (Orange Line). If the MACD Line (Blue Line) crosses below the Signal Line (Orange Line) then that will be a sell signal on this 1d timeframe. Note that the MACD Line (Blue Line) has not be in the Positive Zone above the 0.0 Base Line since 17th Sept 2021. If we take a quick look at the Stochastic (STOCH) we can see that the %K Line (Blue Line) is under the %D Line (Orange Line) and at the moment is also starting to slope slightly upwards and is out of the OVERSOLD ZONE of the STOCH indicator but note that it is a fast reacting indicator. Be on the look out for if/when the %K Line (Blue Line) crosses back ABOVE the %D Line (Orange Line). ADA needs to stay ABOVE the LSMA and ADA especially needs to stay above the Dashed Black Line which is a major support line. If ADA cannot CLOSE back ABOVE the BB Middle Band Basis on this 1d timeframe then ADA will continue to go downwards over time. This goes the same for BTC, the BB Middle Band Basis is a very crucial level to keep an eye on. I hope this is helpful with your Trading and Hodl-ing. Notes: Falling Wedge Pattern = Descending Converging Black Lines on Chart Major Support Line = Ascending Dashed Black Line on Chart LSMA = Black Squiggly line on Chart Bollinger Bands = Grey Bands on Chart Ichimoku Cloud = Red and Green Cloud on Chart VPFR POC = Short Horizontal Red Line on Chart VPVR POC = Long Horizontal Red Line on Chart Volume Bars = Bars Bottom of Chart Volume 20 MA = Orange Line going through Volume Bars on Chart
BINANCE:ADAUSD
by entertheroach
4
VTHO - quick 1d chart updateNote that VTHO is in a Descending Channel on this 1d timeframe. VTHO is also potentially in a Symmetrical Triangle pattern. VTHO is still below its Bollinger Bands Middle Band Basis 20 Period SMA for this 1d timeframe. Note that we may see the Lower Bollinger Band start to curve inwards if upwards momentum continues. VTHO is back above and has closed yesterday’s daily candle above its Least Squares Moving Average (LSMA) for this 1d timeframe. A close above the LSMA is a buy signal for traders who use this indicator. VTHO is still below its VPFR POC for this chart’s fixed range of 10 daily candles that i have selected. Be on the look out when/if VTHO closes successfully a daily candle above the VPFR POC. VTHO is still under its VPVR POC for this chart’s visible range. Volume is still relatively low on this Binance Chart and note that the last 5 daily Volume Bars have been below its Volume 20 period MA. Note that VTHO is still in the Bearish Zone of the Ichimoku Cloud using the 20,60,120,30 settings. For the longterm, we need VTHO to keep heading upwards towards the Ichimoku Cloud Equilibrium Zone on this 1d timeframe. Looking at the Moving Average Convergence Divergence (MACD) we can see that the MACD Line (Blue Line) is curving upwards and looks like it may cross back over the Signal Line (Orange Line) which would be a buy signal of varying degree because the MACD Lien (Blue Line) is still under the 0.0 Base Line in the Negative Zone on this 1d timeframe. Note that we have not had a MACD Green Histogram since 11th Nov 2021. So long as VTHO stays above the LSMA, be on the look for a daily candle close back above the Bollinger Bands Middle Band Basis 20 Period SMA and successful retest as support. Also be on the look out for when/if the MACD Line (Blue Line) crosses back above the Signal Line (Orange Line) on this 1d timeframe creating a potential buy signal for traders who use the MACD indicator. I hope this is helpful with your trading and hodl-ing. Notes: Symmetrical Triangle = Ascending & Descending Converging Black Lines on Chart Descending Channel = Descending Parallel Black Lines on Chart LSMA = Black Squiggly line on Chart Bollinger Bands = Grey Bands on Chart Volume Bars = Bars Bottom of Chart Volume 20 MA = Orange Line going through Volume Bars on Chart Ichimoku Cloud = Red and Green Cloud on Chart VPFR POC = Short Horizontal Red Line on Chart VPVR POC = Long Horizontal Red Line on Chart
by entertheroach
BTC - Let's see where and how this daily candle closesA quick look at BTC/USD using the Ichimoku Cloud with the 20,60,120,30 settings as well as the Bollinger Bands and MACD Indicator. The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating that the Short-Term Momentum is sideways at the moment. The Ichimoku Cloud Base Line (Kijun Sen) is indicating that the Mid-Term Momentum is sideways at the moment. The Ichimoku Cloud Lagging Span (Chikou Span) is indicating Momentum is upwards at the moment. Note that the Lagging Span (Chikou Span) is still under the price from 30 Periods ago. At the moment BTC is fighting to stay in the Equilibrium Zone of the Ichimoku Cloud. Note that you can clearly see that BTC has found some resistance from the Ichimoku Cloud Leading Span A (Senkou Span A) level. We need this daily candle to close above the Ichimoku Cloud Leading Span B (Senkou Span B) level and stay in the Ichimoku Cloud Equilibrium Zone on this 1d timeframe. BTC is still below its Bollinger Bands Middle Band Basis 20 Period SMA. Note that the Upper and Lower Bollinger Bands are contracting inwards indicating momentum has slowed on this 1d timeframe. Note that BTC has been below its Bollinger Band Basis for almost 30 days. If you are still uncertain whether to buy in or not then a close back above the BB Basis and successful re-test as support will be a good sign of continued upwards trajectory. If we take a quick look at the Moving Average Convergence Divergence (MACD) we can see that the MACD Line (Blue Line) is still under the 0.0 Base Line in the Negative Zone. Note that the MACD Line (Blue Line) is curving upwards so we may eventually see the MACD Line (Blue Line) cross back above the Signal Line (Orange Line) which is a buy signal for traders who use this indicator on this 1d timeframe. It'll be interesting to see where and how this daily candle closes. I hope this is helpful with your trading and hodl-ing.
BITSTAMP:BTCUSD
by entertheroach
4
💡Don't miss the great Sell opportunity in BTCUSDHello dear traders We are in a downward trend from bitcoin. I think the decline will continue. Make sure that the channel I drew is broken to enter the transaction, then enter the transaction. If that channel is not broken, then the analysis has failed and you should think about buying. I also included daily analysis. I think we should think more about selling than buying. Be sure to stick to the extent of your loss. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
BITSTAMP:BTCUSDShort
by hamidreza_FX
21
Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubGood weekend everyone, The Crypto Frog uses its Ichimoku Analysis Process with its toolset by looking at a glance at the BINANCE:BTCUSDT Daily chart using the “Crypto Market Settings” for the indicator as 10-30-60-30: Macro Trend Analysis using Kumo : Tendency: Bitcoin is right now in Downtrend as confirmed by the Kumo Twist 9 days ago. The price is always on the support indicated by the Kijun Weekly and the Tenkan Daily that it just broke through. The rest of the medium/long term indicator signals indicate a Downtrend with a sideways bias. Price: The price is under the red Kumo and Chikou is under the price. Supports and Resistances in the area : 75000.00 by Fibonacci 67000.00 by Historical Maximum (too much precise) 66001.41 by All-time-high Chikou 58000.00 strong price structure by flat lines 53800.00-54000 strong price structure by flat lines 48900 Kijun Weekly For the various static price structures it is possible to refer to the chart where the structures identified by the flat moments of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes are plotted, also Chikou price for the Current timeframe. Moreover, let us remember that the various lines of the Ichimoku serve as price structures: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term). Heikin-Ashi: The Heikih-Ashi confirms shows a potential uptrend with the first green candle with no shadow above. Fibonacci CryptoFall, which identifies Fibonacci levels, still shows us a positive sentiment and places the 0 upwards on 75000. The price is testing the 0.5 level, after the bounce on 0.618. Conclusions The price is now showing a potential recovery as it is surpassing the Kinjun Weekly and Tenkan Daily, a closure between these levels can help to find the point C we’re looking for. Maximum caution is needed with the confirmation of Daily, Weekly closure and confirmation. It is important to evaluate the closing of the week on the following price structures: Bullish 52500 Bearish 46600 It will be interesting to consider as a new point C the low of December 4th in the potential rebound using as A the low of September 21st and as B the all-time-high of December 10th. For altcoins we can consider: - Total Crypto Market Cap: started to increase - Dominance of BTC: increasing - Dominance of stable coin: decreasing a lot - Dominance of altcoins increasing and ETH: decreasing So, there are good opportunities to accumulate stronger Alt and take some BTC waiting for the pullback, even if as anticipated in the past week a dump happened, after the confirmation of this status for the weekly close. Thanks for your attention, happy to support the TradingView community.
by TheSocialCryptoClub
2
BTCUSD on a recovery path?This is a followup of previous analysis, you will find the link below in the related ideas. So after the massive selloff from last week-end, the BTCUSD seems to be on a recovery path, at least on the short term. Looking at the DLY chart, we see how strong the WLY KS level was and the price closed above it for 3 consecutive days. Today, the price is trying to break its TS, which on many configuration like these, gives us an alert that the price will possibility go for the KS next. Remember that the KS is 50% of retracement and represent equilibrium on the short term where the price tend to go back to after a massive move like we had (see AUD Forex pairs for instance). I've set a potential target zone between the DLY KS and the SSB. Breaking these levels will open the path to other target levels that we can easily draw on confirmation of the break. Glossary : WLY = Weekly DLY = Daily TS = Tenkan Sen KS = Kijun Sen LS = Lagging Span/Chikou Span TL = Trend Line TP = Take Profit SL/INV = Stop Loss / Invalidation level TF = Timeframe Kumo = Cloud, Cloud = Kumo ** THIS ANALYSIS IS MY OWN OPINION AND IS NOT A TRADING OR INVESTMENT ADVICE. ALWAYS TRADE WITH CARE **
Long
by FoxTrading-Official
EURGBP 30.11On the DLY TF, after reaching the target of the WLY KS, the price met the double resistance of the KS and the SSB. On breaking that level, the next target/resistance would be the TL. But mind the Lagging Span, it has to cross 4 levels of resistance, the KS, the SSA, the WLY KS, the SSB...not going to be easy... Glossary : WLY = Weekly DLY = Daily TS = Tenkan Sen KS = Kijun Sen LS = Lagging Span/Chikou Span TL = Trend Line TP = Take Profit SL/INV = Stop Loss / Invalidation level TF = Timeframe Kumo = Cloud, Cloud = Kumo ** THIS ANALYSIS IS MY OWN OPINION AND IS NOT A TRADING OR INVESTMENT ADVICE. ALWAYS TRADE WITH CARE **
by FoxTrading-Official
AUDUSD still downtrendingPerfect downtrend on the AUDUSD well supported by the Ichimoku lines and with the break of the previous low. I've market two potential TP levels, one for the short term traders, one for the longer term traders at the next major Ichimoku level, the MLY KS. Of course, the latter will need to be confirmed yet with the price action in the following days. TODAY = NFP. Mind the USD that will certainly increase the volatility on this pair. Glossary : WLY = Weekly DLY = Daily TS = Tenkan Sen KS = Kijun Sen LS = Lagging Span/Chikou Span TL = Trend Line TP = Take Profit SL/ INV = Stop Loss / Invalidation level TF = Timeframe Kumo = Cloud, Cloud = Kumo ** THIS ANALYSIS IS MY OWN OPINION AND IS NOT A TRADING OR INVESTMENT ADVICE. ALWAYS TRADE WITH CARE **
Short
by FoxTrading-Official